Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jerry Olson who wrote (64442)	10/4/1999 2:05:00 PM
From: hjz	Read Replies (1) of 120523

OJ, The problem with YHOO is that it is a major trader stock meaning that this is the stock that multi million dollar traders now use when they want to make some easy money. They trade it up on good economic news and they bid it down on bad news, the last report that they are dealing with was Friday's strong economic data. So it is on a downtrend now even with earnings coming out this week. However if AG leaves rates alone and no tightening bias then you will the traders start to bid it up again. That is the really tough part with YHOO when you just happen to catch the wave with these traders it can be a beautiful run but it is so difficult to figure out what news will get them to sell it. HJ

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